Green Vs. Black ETFs
How do you take your energy -- green or black?
The choices are not quite that simple yet, but with investors fixating on $100-a-barrel oil and CNBC taking an in-depth look at the green movement all this week, it’s worth asking the question: Which group is performing better in the market -- investments based on so-called clean or green energy or investments based on more traditional carbon-based technology, like oil and coal?
Given the growing popularity of exchange traded funds with investors and ETFs' capacity to reflect a broad swath of any sector, we thought they’d provide the most useful comparisons.
Green ETFs
- Powershares WilderHill Clean Energy +46.71%
- Market Vectors Global Alt Energy +43.36%
- PowerShares WilderHill Progressive Energy +20.92%
- Claymore / LGA Green +5.74%
Black ETFs
- United States Oil Fund +45.70%
- Oil Service HOLDRs +41.90%
- Energy Select Sector +32.35%
Yes, that’s right, thus far on a year-to-date basis, green has a slight edge over black.
| Price | Change | %Change | ||
|---|---|---|---|---|
| IPATH GC | --- | |||
| MV OIL SVCS | --- |
-- Research by Ariel Nelson, CNBC